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Ask community Community Discussion Question: The accounting year of the Reserve Bank of India is
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Madhavi S (0)

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The accounting year of the Reserve Bank of India is

a) April-March

b) July-June

c) October-September

d) January-December

    
Joyta (0)

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Reserve Bank of India is the central bank of the country and was established in 1935 with a capital of Rs. 5 crore. Reserve Bank of India was nationalized on January 1, 1949. The Head Office of RBI is in Mumbai and at present Y.V Reddy is the Governor of RBI. The accounting year of RBI coincides with annual financial year.


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